Asia

WhatsApp faces legal challenge over privacy in its biggest market

WhatsApp is facing a legal challenge in India, its biggest market, after a petition was filed Thursday before Delhi High Court over the upcoming change in the Facebook-owned app’s data sharing polic

Google cracks down on personal loan apps in India following abuse and outcry

Google said on Thursday it has pulled some personal loan apps from Play Store in India and was implementing stronger measures to prevent abuse following reports that said several firms were targeting

YC-backed Blabla raises $1.5M to teach English through short videos

Short, snappy, entertaining videos have become an increasingly common way for young people to receive information. Why not learn English through TikTok-like videos too? That was what prompted Angelo H

Amazon launches $1.2 mobile Prime Video plan in India

Amazon is doubling down on one of the biggest strengths of its Prime Video streaming service: aggressive pricing. The e-commerce giant on Wednesday launched Prime Video Mobile Edition, an even more af

Amazon makes education push in India with JEE preparation app

Amazon on Wednesday launched Amazon Academy, a service that will aim to help students in India prepare for entry into the nation’s prestigious engineering colleges. The American firm is the latest e

Chinese facial recognition unicorn Megvii prepares China IPO

Megvii, one of China’s largest facial recognition startups, is gearing up for an initial public offering in Shanghai. The company is working with CITIC Securities to prepare for its planned list

Byju’s is reportedly buying Indian brick-and-mortar institute Aakash for $1 billion

We may finally have an answer to why Byju’s, the world’s most valuable edtech startup, raised hundreds of millions of dollars last year. Bloomberg reports that the Bangalore-based startup has agre

From crypto trading and home workouts to EV batteries and microLED displays, CES’ Taiwan startups cover a wide range of tech

For the past three years, the Taiwan Ministry of Science and Technology (MOST) has brought startups to CES. This year, its virtual pavilion, organized with Taiwan Tech Arena, is hosting 100 startups,

Despite PR storm, Pinduoduo stock and downloads stay robust

Pinduoduo, a rapidly growing Chinese e-commerce company, is weathering its PR storm after the death of an employee sparked criticism against the firm’s grueling working hours. The employee, 21 y

YouTube and WhatsApp inch closer to half a billion users in India

WhatsApp has enjoyed unrivaled reach in India for years. By mid-2019, the Facebook-owned app had amassed over 400 million users in the country. Its closest app rival at the time was YouTube, which, ac

Vision Fund backs Chinese fitness app Keep in $360 million round

As Chinese fitness class provider Keep continues to diversify its offerings to include Peloton-like bikes and health-conscious snacks, among other things, it’s bringing in new investors to fund

China’s search giant Baidu to set up an EV-making venture

China’s search giant Baidu is extending its car ambitions from mere software to production. The company said Monday that it will set up a company to produce electric vehicles with the help of Ch

VCs discuss gaming’s biggest infrastructure investment opportunities in 2021

We last polled our network of investors on the topic of gaming infrastructure startups back in May just as it was becoming clear what pandemic opportunities were in store for gaming startups. Accel&#8

Jumbotail raises $14.2 million for its wholesale marketplace in India

Jumbotail, an online wholesale marketplace for grocery and food items, said on Friday it has raised an additional $14.2 million as the Bangalore-based startup chases the opportunity to digitize neighb

Meet the 7 winners of the Taiwan Excellence awards, presented by ShowStoppers and TAITRA

Taiwan is known for being a tech powerhouse, the headquarter of companies like Foxconn, Pegatron, TSMC, Acer and Asus. But while Taiwan’s tech industry is defined by well-established players, it is

Tencent investment stays on game in 2020

It’s no secret that Tencent, the Chinese tech giant behind WeChat and a handful of blockbuster video games, is an aggressive investor. Even during 2020 when the pandemic slowed down economic act

California vegan egg startup Eat Just yokes itself to China’s fast food chain

Eat Just, a food startup from San Francisco making chicken-less eggs, has ambitions to crack the Chinese market where consumer appetite for plant-based food is growing and other Western vegan substitu

Indian B2B e-commerce startup Udaan raises $280 million

Business-to-business marketplace Udaan has raised $280 million from new and existing investors as the Indian startup builds a war-chest to accelerate its growth and fend off rivals. The new capital is

Indian electronics and lifestyle startup Boat raises $100 million from Warburg Pincus

Boat, an electronics and lifestyle startup in India, has raised $100 million in a new financing round that many independent investors termed as the most successful hardware startup story to date in th

Alibaba shuts down 12-year-old music streaming app Xiami

Using Xiami was once synonymous with having good music taste in China. The music app, which debuted around 2008 and was acquired by Alibaba in 2013, is discontinuing its streaming service today, Xiami
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